Take Home More Than Your Pay
PCCU works with many local employers to offer a Payroll Deduction Scheme to their employees.
As an employee of a participating company you can have an amount deducted directly from your wage at source which is then sent straight to PCCU to your account. It is a great way to put money aside and ideal for holidays and Christmas. Plus you also get access to loans at great rates, with repayments deducted straight from your pay. Confidentially is very important to PCCU and we assure anyone on the Payroll Deduction Scheme that your employer would never know whether your deduction was for savings or a loan account, it is simply a deduction like any workplace benefit.
Account holders tell PCCU it is great because the money is gone before they receive their wage!
If you work for one of our partners, Join Now and arrange your payroll deduction now to start saving straight away!
Maybe your employer does not currently work with us – get in touch and we can look at trying to offer this service.
For employers the Payroll Deduction Scheme has many benefits. It is widely accepted that money problems results in stress and loss of productivity for businesses.
“Stress accounted for 35% of all work related ill health cases and 43% of all working days lost were due to ill health”
(Health & Safety Executive, October 2015)
“Over 105 million days are lost to stress each year – costing UK employers £1.24 bn.”
(Health & Safety Executive, October 2015)
There are many benefits to employer
- Avoiding employee debt can help to promote productivity
- Enhances your Corporate Social Responsibility profile
- Staff who feel rewarded and motivated stay with a company
- Reduces need for pay advances and need for attachments of earnings, because of access to sensible borrowing
Amongst others, we currently work alongside the following organisations to offer this great staff benefit:
